“Guarantee Fund” and Azerbaijan-Kyrgyz Development Fund signed an agreement on cooperation

“The Guarantee Fund and Azerbaijan-Kyrgyz Development Fund signed an agreement on cooperation in the field of support of business entities. This is reported by the press service of the Guarantee Fund.

Within the framework of this agreement, the parties agreed to support entrepreneurs by providing loans against guarantees in cases where there is no sufficient collateral. This step is aimed at business development and support for entrepreneurs, especially those who are focused on export and import substitution.

The document was signed by Chairman of the Board of the Guarantee Fund Malik Abakirov and Chairman of the Azerbaijan-Kyrgyz Development Fund Almaz Mambetov. During the signing ceremony, both parties expressed confidence that cooperation will open new opportunities for both financial institutions in supporting business in Kyrgyzstan.